Weekly Price Recap: 10/25 – 10/31
Griddy members saw higher than normal pricing last week, paying 12.4¢/kWh. But lookin gat October as a whole, it looks like our member average for the month will be around 9.7¢/kWh
Last week, pricing was highest during the 6-8 PM window. Renewables did not perform as well as anticipated, contributing between 16% to 27% of the stack. Price volatility was caused by lower temperatures forcing wind out of commission through freezing precipitation while other generation was offline for seasonal maintenance.